Weekly Market Snapshot
Similar to the previous week, last week was steady but not quite a frenzy! Buyers are still working hard to secure their desired properties and much of that comes down to the price - last week 3 of the 8 properties that closed sold for over asking price. Though the number of new listings has dwindled, some very special properties continue pop up!
What happened in Montecito Last Week?
April 11th - April 17th
New listings doubled last week.
FUN FACT: There are approximately 66 active listings in Montecito.
848 Hot Springs Road
Newly Listed at $24,850,000
An effortless blend of global architectural distinctions, commanding an idyllic 2.45 acres in a location best described as Montecito's 50 yard line, this estate is the definition of one-of-a-kind excellence. Built in 2014, the residence offers surprises around every turn, with dramatic walls of glass opening to ocean views and an interior experience that maximizes the Montecito state of mind.
